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The report warned that cuts to the feed-in tariff, closure of the Renewables Obligation to onshore wind and solar and reform of the Renewable Heat Incentive would likely harm job and turnover growth further in the 2016–2017 period.

However, it found the UK renewables sector employed record 125,940 people in 2015–2016, when the sector's turnover was estimated to be £17.4bn.

“Policy instability in Westminster has slowed growth. Our member companies are helping build a system that is reliable, low-carbon and more affordable than the previous one” said REA chief executive Nina Skorupska.

“There’s fierce competition to be at the fore of these new technologies internationally. Government action is needed to ensure the opportunity to be leaders in technologies such as energy storage and decentralised systems does not slip between our fingers,” she added.